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Greg Lippmann is the son of Susan Lippmann, a business manager at Purchase College, and Thomas J. Lippmann, the retired owner of the DBL Operating Corporation, a real estate investment and management business in New York, both of Scarsdale, New York. [3] He earned a bachelor's degree in economics from the University of Pennsylvania in 1991. [4 ...
On 30 January 2017, the NYSDFS (New York State Department of Financial Services) fined Deutsche Bank $425 million for violating New York's anti-money laundering laws. There was a "mirror trading" scheme involved. Deutsche Bank's Moscow, London, and New York branches laundered $10 billion out of Russia. [159]
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However, in 2015, AWM was split into Deutsche Asset Management and Deutsche Bank Wealth Management. [9] In 2017, Deutsche Asset Management was rebranded to DWS with Deutsche Bank planning to publicly list a minority stake of it. [10] In 2018, DWS was spun off as a separate company through an initial public offering on the Frankfurt Stock ...
In 2022, under the orders of Deutsche Bank's supervisory board, Sewing and 10% of the senior staff took an overall €1 million reduction in pay due to the bank's missing targets. Sewing received a €145,000 cut to his bonus, as the supervisory board, led by Alexander Wynaendts , revealed that the bank met just 64% of its government, social ...
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60 Wall Street (formerly the J.P. Morgan Bank Building or Deutsche Bank Building) is a 55-story, [a] 745-foot-tall (227 m) skyscraper on Wall Street in the Financial District of Lower Manhattan in New York City, New York. The tower was designed by Kevin Roche and John Dinkeloo of Roche-Dinkeloo and originally built for J.P. Morgan & Co.
Consequently, the acquisition by Deutsche Bank was a windfall to the bank's shareholders, who avoided losing their entire investments. [citation needed] In November 1998, Deutsche Bank agreed to purchase Bankers Trust for $10.1 billion; [31] the purchase was finalized on June 4, 1999.